RO
● Active
Return of Purchase Payment Death Benefit
American General Life Insurance Company
DTCC ID
—
COMPANY
American General Life Insurance Company
TYPE
Variable Annuity
INCEPTION
May 01, 2017
Identity
Benefit name
Return of Purchase Payment Death Benefit
Internal benefit name
Return of Purchase Payment Death Benefit
Product policy type
Variable Annuity
Status
● Active
Sequence
1
Inception date
May 01, 2017
Closed date
—
DTCC Rider ID
—
Last modified
May 05, 2025
Life & Age
Based on life
Owner (or Annuitant if owner is a non-natural person)
Single life
No
Joint life
No
Min age
—
Max age
—
Rider select rule
Optional
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
Subsequent purchase payment will increase benefit base by dollar-for-dollar amount.
Partial withdrawals
Withdrawals will reduce benefit base in same proportion.
Required min distributions
Not Applicable.
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
Yes
Spousal continuation detail
Surviving spouse may elect to continue benefit after death of owner.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Available during accumulation phase. Upon death of owner (without living benefit), benefit will be greatest of -1) contract value, or 2) net purchase payments, increased by subsequent purchase payments, adjusted for withdrawals. Upon death of owner (with living benefit), benefit will be greatest of -1) contract value, or 2) purchase payments reduced by - a) any withdrawals if living benefit is not terminated, or b) any withdrawals prior to the date living benefit is terminated.
Lifecycle Events
Cancellation
May not be cancelled.
Termination
May not be terminated.
Available when added
Available only at contract issue.
Effect change ownership
Issuer will recalculate benefit amount upon change in ownership.